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First deliveries should be April 2025 according to the developer.

What happens if the developer defaults on the delivery date? The developer will never agree with any fine on his default in the contract. If buyer doesnt agree, there will be a lot of other buyers who will. So is the buyer protected by law in this case? Is the buyer entiteled to anything by law if the developer defaults eventho the contract doesnt say so? Especially if the developer defaults on the date of delivery with big delay, like a year or more.

What construction company is this? Love the “Stay tuned Choyeros catch phrase!”

How close is this to the Los Barriles Secundaría School?

What are the construction companies averaging per square ft on building a home now? When I bought land it was 150 per sq ft. Then it skyrocketed to 250 to 265 per sq ft. Being Canadian we were looking at like 700k to build a 2000sq ft. House.

I am a 67 year old and have been looking at property in Cabo for 3 years now. It has gone up a lot. I am newly retired and the wife will retire at the end of the year. We do not own property here in SoCal. We have saved a little over $200,000 and are thinking of buying property in Mexico. I get emailed listings for the Cabo area and smaller townhouses are affordable but thats it. I will start looking into La Paz and Loreto. Thanks for the video.

Can you do a video on Los Cerritos - thoughts on the area?

Cabo is amazing place to live and invest in. Its first world prices in a third world country because it lacks regular infrastructure such as proper roads, sidewalks and sewer systems. Just about every neighborhood has water problems. The city gets plenty of money from tourism yet they don't do anything to fix up the city. It's disheartening as a resident here. I love the weather the food the people and the beaches. It will continue to be overpriced as years to come because of that.

Any chance Mexico will ever adopt the US mortgage model?

Fletcher can you message me?

What type of cash on cash is being promised ? As a percentage ? The usual 12% ? More or less ?

Its very bad here in canada Tent cities everywhere. They build 275k homes and 1.3 million new canadian. They introduced medical assisted in dying because nobody can get s doctor. Our medical system is tragic. Taxes house insurance and everything food gas and through the roof. The property taxes are disgusting. Get out now.

Prices are high in cabo especially when most have to pay for whole amount out of pocket or pay 10% interest

i see mostly luxury condos and homes for sale online. why doesn't anyone promote lower end homes? i drove around the city and saw nice looking modest homes . but hardly see any online.

They said they are starting To see saturation in Cabo 😂😂😂😂 Did you just get off the plane 😂😂

Considering Vista Vela were the developers that started the trend of blocking views in Tezal (building multi-level garages and raising the starting point for habitable floors) and ignoring the golden zone I'd hope their views are ruined entirely

Excellent suggestion! More people should share these secrets.

Seems like the townhomes VV 1 gets blocked, but not the High-rise portions? More Flyovers please 😂

So it does block some views

Terrifies me that this lawyer is using the word “figure” instead of the word “clause”. This lawyer really doesn’t know what he’s talking about when it comes to seller financing. In mexico. You would have two separate agreements one would be a promissory note, the other would be a separate dwelling / rental agreement that renews annually that attached to the promissory note. If they default on the promissory note x number of days then the seller can evict the tenant immediately. No squatters rights this way. The best way to evict someone is to pay the cops $500 and show up with 3 or 4 armed cops and assist them in the eviction. End of story. You take back the property.

sobering video. thank you. it's probably a good idea to buy to offset the cost of a vacation home. not soo much to make money.

Great info. Should I seek out a real estate attorney in US or Mexico? Looking into possibly buying a condo in PV pre-construction

Go ahead ruin that too

Good video! Like the Flyover with neighborhood details..

I’m an old East Cape inhabitant. All you ‘developers’ need to go away ..its the ruination of the East Cape ..shame on you 👎🏻 ..ugh..cabron

Long time Pulmo camper here. The East Cape has resisted many development schemes going back to the ‘80s ..any righteous gringo espousing their philosophy is full of it. You want to save it,shut up,put up or ..No pavement,no power lines,leave it alone,to preserve it ..Personally I’m tueing the loss of the La Ribera wetlands and the harbor is just greed..No Development,humans will ruin the East Cape..

Thank you for making this awesome video. Just a little clarification. EL Encanto de la laguna is one development and Beachfront Flats is another development, but we created both. The interior images you see in the video is the interiors of the Beachfront Flats Condos as the beachclub and vera-Neo Restaurant. Thank you!

I've been to cabo about 15 times since 2008. I love it down there. I own 5 rentals 2 more and I'll see you by the beach

Well well well. Ejidos are useless after all eh.

Second space tow company tourist rental vespa scoots jet ski & uber hq. Chompin' @ the bits stay~loaded sinnCAL SOUTH COMPETE SAMMY HAGAR BAR BET MY CROW~BAR POW SANCTUARY ASSYLUM KNIGHTHAWK ~NEST~ AKA~= TECOLOTES diamond DAVEY NAVY ❤THE BAR~KEEP

Navie DAVIE POW JOE~E DEFECTING TO CABO TO TOW BARGE LOADS AGREGATES 6 MOS ON 6 MOS OFFTIME FOR A CABO WABO COMPETITION W/CHEAPER TEQU~ILIA CASA DORES AZ~TECH EAGLE JEWCE FOR JEW~"N" IMMIGRANTS HAVE A HUSSTLE FOR MEX~"E"~CO REFINE VENEZUELAN OIL PIPED INN THROUGH GULF TO YUCATAN THE RAIL~SPOT NU PANAMA LANES BARS PERFECT INVESTMENT FOOTPRINT START AT RETIREMENT ROCK~"N" tequilia BAR ~TECOLOTES~ HOOTERS SPANGLISH❤ RSUNS MALPRACTICE INVESTMENT BEE N TOUCH PERFECT TIMING FUK~U-TECOLTES FUK= FOR UNWANTES KNOES🎉 HAVE THE BAND COUNTRY COVER BUILD ONE SPECIALS SQID ROWE WE PU U NN SQUIDS❤

You rock a RUclips channel too? My man!

These videos are very informative. Coming from british columbia really enjoyed this one. I think this area one of the best for proximity to airport to beach.

Thanks Fletcher. What is the membership fee at club 96?

Another great video

What’s your take on buying an older condo closer to the beach to renovate vs buying new construction in the Cabo area. Are the A+ locations fully developed causing new construction to B areas? Is there any ROI to be gained from going through the lengthy renovation process.

I have a condo that is being built in El Tezal right now and is due to be completed near the end of the year. When should I come down to finish setting up the deed? Will the developer contact me or is this something that I need to take the initiative on? Also if I find flaws , what recourse do I have with the developer?

Legit laughed at the start. Nice to hear some jokes. Great video. Dissolving my Canadian residency and packing bags for our final move. 2 months in Canada and it’s depressing, can’t wait to get back to San Jose

Do you see the prices going up after the project is completed or do you feel that they have topped out? Also, how much do you think furnishings would cost for a rental until I’m able to retire in the next 24-30 months?

How much per meter?

Ceilings are too low

There is actually no way you can be protected when buying a pre-developed project. If they have several projects they are likely taking from Paul to do Peters job. Total scam and completely protected by the corp structure.

Hey Fletcher I just wanted to let you know that we started our build back in April 2022 and we are a few months away of completion. Be prepared to 2x or 3x your costs on your build, there are always clauses in the contract with regards to materials & labor price adjustments. Bear in mind if you are building in a restricted zone you will need an environmental assessment done and completed before the construction permit is even signed. This could take between 1-2 years unless you use the bribe path. Add 10% for theft of materials and waste. You need to have boots on the ground at all times monitoring the build or they leave your site and build other home, hence the increase in cost ! Yes Labor rates in La Paz are less then in Cabo area and a lot of people are coming here for the higher rates. Things in Cabo are not cheap, Prices in Home Depot Cabo are almost double of what you can get in Canada. I.E bag of cement 2.5 x more than in Canada . The problem is there are wealthy people paying these prices so the Contractors are taking advantage of the opportunity. You really need to be street smart in this build game or these builders will eat you alive. Remember if the price is cheap they are probable using cheap materials. EX Builders like using the famous orange hose for conduit lines in palace of gray plastic tubing for cost reasons and they will say it does the same job etc. Not so in our home many of those orange conduits got kinked when they poured the cement and so the lines would not pass, the result was to break the walls to find the issue.. Folks educate yourself before you build in Baja.

Looks good

Are the Mexican Federal capital gains deductible (or a tax credit) when you file your U.S.A. taxes?

These videos are very good. Thank you from canada

What is the estimated price of a garden condo at the present time? I am interested in doing a possible long term rental until I’m ready to retire vs cashing out now and buying something else later. Also, is the new president planning on making residency more difficult to obtain or more expensive?

Videos are really good. Thank you

Looks like a nice development, however, it's a bad look attempting to hype the current Cabo market with the premise that this purchaser has had unit appreciate $125k before moving in. As you are aware, there are literally thousands of construction condos coming to market soon, including over 2000 in the small area of El Tezal. Prices are falling hard, as 'investors' are coming to the realization that the market has shifted. Your buyer may list his unit at $125k over what he paid, but it will sit on the market for likely years at this point. Additionally, you should be realistic about rental opportunities. As you are aware, many of the owners of the recently complete El Tezal condos are experiencing very soft demand. 2022 was an anomaly. Then add the 2000+ soon to be completed condos in the El Tezal area, and it's not going to get any better for years to come. Other than XMas and Spring Break, the mass of BnB and VRBO listings will far outstrip demand. Therefore, don't use rental income in factoring in affordability. Anyhow, good luck with your sales.